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one, he has to convince that president obama has not delivered. second, he has to convince the american people he can deliver. so he has to do it both things. there's still some heavy sledding for him on both fronts. in terms of the market, i think that over the next few weeks and months we're basically going to be driven not only by the political process but whether we get data that confirms the handoff from central bank action to fundamentals will happen. otherwise, this wedge that the central bank have created between valuations of fundamentals cannot be sustained forever. fundamentals have got to start coming up towards valuations, otherwise valuations will come down. >> mohammed, thank you so much for joining us today. >> thank you, michelle. >> all right. we've got about 51 minutes before the closing bell. the nasdaq is lower by nearly 14 points. >> don't go anywhere. there's still a lot more ahead on this busy friday edition of the "closing bell." >>> coming up, employment possibility. 58% of ceos say they plan to hire more workers within t
one, he has to convince that president obama has not delivered. second, he has to convince the american people he can deliver. so he has to do it both things. there's still some heavy sledding for him on both fronts. in terms of the market, i think that over the next few weeks and months we're basically going to be driven not only by the political process but whether we get data that confirms the handoff from central bank action to fundamentals will happen. otherwise, this wedge that the...
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obama wasn't in shape to do it tonight. i'm sure obama knows. this he couldn't get it out tonight for some reason. and also, on the deficit side, and on economic statistics in general, here's romney firing out statistics. what you saw was a guy who looked calm, who looked presidential and who was knowledgeable and highly informed. >> and practiced. >> i don't think people were expecting romney to be as good as he was tonight. >> he was strong. >> john harwood? >> i just wanted to say i think romney was fluent. his argumentation was good. the body language was good. he looked happier than president obama on the stage. obama spent a lot of time on the defensive. however, i don't think we've got any new specifics from either candidate tonight. mitt romney talked about the goals that he has articulated and he articulated in the convention speech. president obama did the same thing. i don't think anyone put new policy on the table tonight. >> one thing i'll say though on this point, we covered the convention in tampa bay. i was very unhappy with romn
obama wasn't in shape to do it tonight. i'm sure obama knows. this he couldn't get it out tonight for some reason. and also, on the deficit side, and on economic statistics in general, here's romney firing out statistics. what you saw was a guy who looked calm, who looked presidential and who was knowledgeable and highly informed. >> and practiced. >> i don't think people were expecting romney to be as good as he was tonight. >> he was strong. >> john harwood? >> i...
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democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can keep it going or whether president obama comes out with a higher level of aggression, higher level of energy in the next debate and stop the momentum that romney accumulated last night. >> okay. yeah, i had so many different thoughts, john, as we watched the whole thing. i remember that a lot of republicans were supporting newt gingrich because just for this moment, they wanted -- they thought newt was such a great debater, they wanted to see someone like newt talk to president obama about his policies and about the last four years. and they thought newt would
democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can...
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what's the obama white house saying about all of this? >> they're effectively saying that the economy, while it's still weak, is showing signs that the president's policies are working, that his agenda is finally getting traction in the economy. here's what the president had to say. >> there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try and talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> that was friday right after the jobs numbers came out. i'll point out two meaningful things about those jobs numbers. one, you recall when his stimulus plan came out somebody in his administration said with the stimulus plan. it was never a promise, a projection. symbolically it's meaningful this is now below 8%. also now it's fallen for the first time not because fewer people are looking for jobs. actually, the number of people looking for jobs r
what's the obama white house saying about all of this? >> they're effectively saying that the economy, while it's still weak, is showing signs that the president's policies are working, that his agenda is finally getting traction in the economy. here's what the president had to say. >> there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try and talk down...
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obama got bin laden. i'll get big bird. you tell that so and so romney anyone who bleeps with big bird bleeps with me. big bird even extended his middle finger at the candidate. >> and you're going to count on one that we all know and love. >> reporter: big bird started his own big bird parody account. reacted by crying and showed up in a deployment split screen. >> i like pbs. i like big bird. >> reporter: his reaction was a scream. >> not going to keep spending on money to borrow money from china to pay for it. >> aghh! >> reporter: his response included a message. >> f-u-m-i -- >> reporter: a message spilled out for myth. and this isn't the first time that mitt romney has stalked big bird. >> i like big bird and bert and ernie for my grandkids to like. >> reporter: o. >> he got rid of your jobs, now he wants to get rid of big bird's job. >> reporter: day after the debate the president joined in. >> thank goodness somebody is finally getting tough on big bird! we didn't know that big bird was driving the federal deficit.
obama got bin laden. i'll get big bird. you tell that so and so romney anyone who bleeps with big bird bleeps with me. big bird even extended his middle finger at the candidate. >> and you're going to count on one that we all know and love. >> reporter: big bird started his own big bird parody account. reacted by crying and showed up in a deployment split screen. >> i like pbs. i like big bird. >> reporter: his reaction was a scream. >> not going to keep spending...
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and ironically if you repeal obama care, and i've become fond of this terms, obama care. if you repeal it, what happens, those seniors will pay $600 more in prescription care, will have to pay copays for basic checkups that will keep them healthier and the primary beneficiary of that repeal are insurance companies that are estimated to gain billions of dollars back when they aren't making seniors any healthier, and i don't think that's the right approach when it comes to making sure that medicare is stronger over the long term. >> we'll talk about -- specifically about health care in a moment. do you support the voucher system, governor? >> what i support is no change for current retirees and near retirees to medicare and the president supports taking $716 million out of that program. that's number one. number two, for people coming aalong that are young. what i do to make sure we have medicare in place for them. is allow them to choose the current medicare program or a private plan, their choice. and they'll have at least two plans that will be entirely at no cost to the
and ironically if you repeal obama care, and i've become fond of this terms, obama care. if you repeal it, what happens, those seniors will pay $600 more in prescription care, will have to pay copays for basic checkups that will keep them healthier and the primary beneficiary of that repeal are insurance companies that are estimated to gain billions of dollars back when they aren't making seniors any healthier, and i don't think that's the right approach when it comes to making sure that...
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care and i have become fond of this term, obama care. >>> as you heard, president obama is embracing and even owning the phrase obama care. it was just a glimpse at president obama and mitt romney's battle over health care last night but it got a lot deeper than that. obama care and medicare and medicaid and private insurance and preexisting conditions and lions and tigers and bears all of it fair game on the debate floor. >> no change for current retirees and retirees to medicare and the president supports taking 716 billion out of that program. >> it wouldn't keep up with health care inflation. it was estimated it would cost the average consumer 600,000 a year. >> it would cost more than than traditional insurance. >> everybody has shown it has lowered than private insurance does. >> it makes your head spin especially since it came late in the debate. sifting through all of that is a mixed bag of truths and i hate to say it, big lies. our senior medical correspondent is here to break down the fact from the fiction, elizabeth cohen. lep me sort through the biggest claim i kept heari
care and i have become fond of this term, obama care. >>> as you heard, president obama is embracing and even owning the phrase obama care. it was just a glimpse at president obama and mitt romney's battle over health care last night but it got a lot deeper than that. obama care and medicare and medicaid and private insurance and preexisting conditions and lions and tigers and bears all of it fair game on the debate floor. >> no change for current retirees and retirees to...
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obama's surprise, thanks hilda. hilda solis is responsible at the bureau of statistics which puts out the job numbers. >> i have the highest regard for our professional staff at the bureau of statistics. folks that have been working in this area for many years and this is a methodology that's been used for decades. it is insulting when you hear people just cavalierly say that somehow we are manipulating numbers. i find that very insulting. >> solis, not solis. for the record, here's how the process works. the raw data comes in on wednesdays, the week before the monthly report. the bureau of statistics makes calls around to 60,000 house holds and asks who is working. that's where the unemployment rate comes from. for job growth and job loss, they gather payroll data from businesses. everyone who touches the data signs confidentiality agreements. documents are locked in safes. windows are actually papered over. custo custodians don't even empty the trash until it's over. they give them 12 hours in advance with apparen
obama's surprise, thanks hilda. hilda solis is responsible at the bureau of statistics which puts out the job numbers. >> i have the highest regard for our professional staff at the bureau of statistics. folks that have been working in this area for many years and this is a methodology that's been used for decades. it is insulting when you hear people just cavalierly say that somehow we are manipulating numbers. i find that very insulting. >> solis, not solis. for the record, here's...
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>> it was a mistake for president obama to ask him about that, it was wrong for president obama not to say, mitt romney, are you calling out the republicans who are voting for the jobs bill in the senate? president obama left a whole bunch of stuff on the table that he could have brought up. he absolutely should have asked him about it because it's a central issue when you talk about where we stand in this country. i simply say to ali, i know he's your guy. >> he's even saying preexistent conditions will be covered, but people who lose their job can keep their health insurance for a time. that's not what people think of when they think of a preexisting condition. >> it's something that when republicans repeal obamacare and try to replace it, they'll have to come up with that replacement so people don't gain in the system -- >> so was he lying or mistaken about his own policy? >> there is a provision in there, anderson, that will cover a portion of the people who don't have health insurance. if you paid your premiums and you have health insurance, you can't be turned down. what he's tal
>> it was a mistake for president obama to ask him about that, it was wrong for president obama not to say, mitt romney, are you calling out the republicans who are voting for the jobs bill in the senate? president obama left a whole bunch of stuff on the table that he could have brought up. he absolutely should have asked him about it because it's a central issue when you talk about where we stand in this country. i simply say to ali, i know he's your guy. >> he's even saying...
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when you went head-to-head with obama in 2008, the polls said 51% obama, 38% mccain. do you think you would have done better against the obama that was debating this week? >> i think so, piers, but you know, it would sound like i am now trying to rewrite history or i would have done better. you know, i never tried to do any of that looking back and certainly not in anger or bitterness. but i think it is true that during the 2008 campaign, the president or then senator obama had no record to defend, and one of the reasons why mitt did so well in this debate was because mitt was -- i think very legitimately, attacking his record, whether it be the $90 billion in subsidies for energy or a number of the other things that he pointed -- the failure of dodd-frank, and so the president had a record to defend this time, but one, do not underestimate the president of the united states. he will come back strong. i think mitt has to be prepared for that. and also, as you mentioned, these job numbers will give him a bit or something of a bot today. >> we've got the vp debate comin
when you went head-to-head with obama in 2008, the polls said 51% obama, 38% mccain. do you think you would have done better against the obama that was debating this week? >> i think so, piers, but you know, it would sound like i am now trying to rewrite history or i would have done better. you know, i never tried to do any of that looking back and certainly not in anger or bitterness. but i think it is true that during the 2008 campaign, the president or then senator obama had no record...
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that would be the lowest since president obama took office. now, before we get into what jack welch tweeted, here's how president obama reacted to the economic news. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> president obama on the campaign trail today. now here's what mitt romney said. >> the unemployment rate as you know this year has come down very, very slowly but it's come down nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> he went on to say the country can do better, which is about what you would expect him to say, same as you would expect president obama to say what he said. that's the way the two sides do it, year in, year out, campaign after campaign. what no one does, at least not until now, is look at the numbers and suggest the fix is in. th
that would be the lowest since president obama took office. now, before we get into what jack welch tweeted, here's how president obama reacted to the economic news. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> president obama on the campaign trail today. now here's what mitt romney said....
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i'm barack obama, and i approve this message. these appliances could have been made here in america. but a company called global tech maximized profits by paying its workers next to nothing... under sweatshop conditions in china. when mitt romney led bain, they saw global tech as a good investment... even knowing that the firm promoted its practice of exploiting... low-wage labor to its investors. mitt romney - tough on china? since when? [ wife ] a beached whale! lawn clippings! a mattress. a sausage link. mermaid. honey!? driftwood. come on, you gotta help us out here a little. [ male announcer ] febreze eliminates odors and leaves carpets fresh. ♪ [ male announcer ] febreze. eliminates odors and leaves carpets fresh. ♪ >>> it is 15 minutes past the hour. cdc says it expects to see more cases of a deadly meningitis outbreak. 26 people have been sickened in five states. four have died. the culprit, a steroid injection given to the spine to treat pain and inflammation. the company that makes the drug is conducting a voluntary
i'm barack obama, and i approve this message. these appliances could have been made here in america. but a company called global tech maximized profits by paying its workers next to nothing... under sweatshop conditions in china. when mitt romney led bain, they saw global tech as a good investment... even knowing that the firm promoted its practice of exploiting... low-wage labor to its investors. mitt romney - tough on china? since when? [ wife ] a beached whale! lawn clippings! a mattress. a...
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flag pin than the obama. is the debate over? 14 minutes until we can get all go back to preferring the candidate we liked when the debate started. remember, if you missed it last night and, of course, you want to see the whole thing for yourself, we're going to be airing the entire debate 1:00 p.m. eastern right here on cnn. >>> and the day after what many in his own party are calling a very disappointing debate performance. the president is now back out on the trail trying to get his mojo back. we're going to go live to denver. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! can youlyric can.aid do this? thanks. lyric can. lyric can. lyric by phonak is the world's only 24/7, 100% invisible hearing device. it's tiny. but lyric's not just about what you can't see. it's about what it can do. lyric can be worn 24/7 for up to four months, without
flag pin than the obama. is the debate over? 14 minutes until we can get all go back to preferring the candidate we liked when the debate started. remember, if you missed it last night and, of course, you want to see the whole thing for yourself, we're going to be airing the entire debate 1:00 p.m. eastern right here on cnn. >>> and the day after what many in his own party are calling a very disappointing debate performance. the president is now back out on the trail trying to get his...
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>> this is fantastic for the obama administration, for the obama campaign. it breaks the back of the mitt romney that forever we've had an unemployment rate over 8%. >> changes the conversation as well. >> changes the conversation and momentum mitt romney had coming out of that ba
>> this is fantastic for the obama administration, for the obama campaign. it breaks the back of the mitt romney that forever we've had an unemployment rate over 8%. >> changes the conversation as well. >> changes the conversation and momentum mitt romney had coming out of that ba
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under obama care, it's a sure thing. under romney, there are some question marks there. >> and also crucial, mitt romney did not say how he would pay for this pre-existing coverage for people. some of the specifics he did not lay out last night. elizabeth cohen, thanks very much. some really interesting answers to the questions on health care. good to see you this morning. >> thanks. >>> and 11 minutes after the hour. in case you missed any of the debate, you can see it on core presentation, at 1:00 p.m. eastern time. >>> there is a really big story going on elsewhere. the syrian civil war spilling over the border this morning. turkey and syria trading artillery fire. a dangerous situation. we will go live to the region for more on this foreign battle, coming up. ♪ ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know
under obama care, it's a sure thing. under romney, there are some question marks there. >> and also crucial, mitt romney did not say how he would pay for this pre-existing coverage for people. some of the specifics he did not lay out last night. elizabeth cohen, thanks very much. some really interesting answers to the questions on health care. good to see you this morning. >> thanks. >>> and 11 minutes after the hour. in case you missed any of the debate, you can see it on...
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mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. ♪ ♪ and the flowers and the trees all laugh when you walk by ♪ ♪ and the neighbors' kids... what does being true to yourself have to do with being healthy? everything. ♪ but you're not ♪ you're the one ♪ one, one, one, one, one ♪ the one ♪ one, one, one, one, one ♪ the one ♪ one, one, one... >> lose the belly or lose the job. that's the order of hundreds of thousands of officers in lahore and across pakistan. they say the officers have gotten so heavy that the department
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the...
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he just revelled in it and stayed and stayed and stayed, and obama left. >> what about obama's body language at the end though, did he seem -- he seemed to be sort of hunched over a little bit. >> he did. i thought that was very interesting. again, i do feel like he realized he didn't do well, and there was a point, even in his closing statements, where you felt like he'd given up. he was so weary at that close, and he didn't do what i wanted him to do and that's look straight at that camera and make that appeal. >> right. >> so the next debate will be in a town hall setting. do you think we'll see different sort of body language. >> interested to see if romney can keep up his energy like he did so well here and very interested to see if obama comes up to the bar and he does so well when there's an audience. i want to see some of that charisma and warmth. >> all right. always very interesting. thank you so much, patty. appreciate you coming in. >> my pleasure. >> so that was just fun. >>> but a serious look at the colorado debate. what are all the comedians, of course, saying about it? this
he just revelled in it and stayed and stayed and stayed, and obama left. >> what about obama's body language at the end though, did he seem -- he seemed to be sort of hunched over a little bit. >> he did. i thought that was very interesting. again, i do feel like he realized he didn't do well, and there was a point, even in his closing statements, where you felt like he'd given up. he was so weary at that close, and he didn't do what i wanted him to do and that's look straight at...
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let's look at president obama. he, for the most part, was not very aggressive, to say the least, when it came to challenging governor romney on some of the specifics. but there was a moment where he tried on the issue of health care and on the issue of his economic plan. watch this. >> he says that he's going to close deductions and loopholes for his tax plan. that's how it's going to be paid for. but we don't know the details. he says that he's going to, uh, replace dodd-frank, wall street reform. we don't know exactly which ones. he won't tell us. now he says he's going to replace obamacare and assure that all the good things that are in it are going to be in there and you don't have to worry. and at some point, i think the american people have to ask themselves, is the reason that governor romney is keeping all these plans to replace secret because they're too good? >> now a big part of debate prep and of getting ready for this -- in fact, brett, i talked to you about this before the debate itself, because you h
let's look at president obama. he, for the most part, was not very aggressive, to say the least, when it came to challenging governor romney on some of the specifics. but there was a moment where he tried on the issue of health care and on the issue of his economic plan. watch this. >> he says that he's going to close deductions and loopholes for his tax plan. that's how it's going to be paid for. but we don't know the details. he says that he's going to, uh, replace dodd-frank, wall...
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press protecting obama. pete in georgia says, don't you know? i'm sure it was all bush's fault. if you want to read more on this, go to the blog. cnn.com/caffertyfile or to our post on the situation room's facebook page. wolf? >> i'm also hearing from some of my sources about how the president feels about his debate performance last night. details of that coming up in our next hour. are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. his morning starts with arthritis pain. and two pills. afternoon's overhaul starts with more pain. more pills. triple checking hydraulics. the evening brings more pain. so, back to more pills. almost done, when... hang on
press protecting obama. pete in georgia says, don't you know? i'm sure it was all bush's fault. if you want to read more on this, go to the blog. cnn.com/caffertyfile or to our post on the situation room's facebook page. wolf? >> i'm also hearing from some of my sources about how the president feels about his debate performance last night. details of that coming up in our next hour. are working on a joke with local color. the secure cloud just received a revised intro from the...
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obama left. >> what about obama's body language at the end. did he seem to be hunched over a little bit? >> he did. >> very interesting. >> again, i do feel like he realized he didn't do well. and there was a point even in his closing statements where you felt he had given up. he was so weary at that close and didn't do what i wanted him to do and that was to look straight at that cram. >> the next debate will be in a town hall setting. do you think we'll see a
obama left. >> what about obama's body language at the end. did he seem to be hunched over a little bit? >> he did. >> very interesting. >> again, i do feel like he realized he didn't do well. and there was a point even in his closing statements where you felt he had given up. he was so weary at that close and didn't do what i wanted him to do and that was to look straight at that cram. >> the next debate will be in a town hall setting. do you think we'll see a
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big backer of president obama. this will be carried on the "national geographic" channel. >>> lawyers for new york city have issued a subpoena to documentary filmmaker ken burns. they want outtakes and other materials from his film "central park five." it is about the five men ultimately exonerated in 1989, central park rape case. those men are suing the city for $250 million. burns' lawyers say before they turn over anything the city must prove material t materials are vital to their defense and unavailable elsewhere. >>> actress and environmental activist daryl had an arrested again over the keystone pipeline. her rep said she stood in front of an excavator in texas for the controversial pipeline. she was arrested outside the white house last year in an earlier protest against the pipeline. >>> american astronaut in russia. he is about to embark on a mission to the stars with a couple of cosmonauts. astronaut kevin ford is standing by. there he is live. we are going to talk to him right after this quick break. en
big backer of president obama. this will be carried on the "national geographic" channel. >>> lawyers for new york city have issued a subpoena to documentary filmmaker ken burns. they want outtakes and other materials from his film "central park five." it is about the five men ultimately exonerated in 1989, central park rape case. those men are suing the city for $250 million. burns' lawyers say before they turn over anything the city must prove material t materials...